---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-135409"
form_type: "8-K"
ticker: "VECO"
cik: "0000103145"
company_name: "VEECO INSTRUMENTS INC"
filed_at: "2021-11-08T23:59:59+00:00"
generated_at: "2026-06-28T11:13:55.869322+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Veeco repurchases $111.5M of 2.70% convertible notes due 2023, retiring over 80% of maturity

## Summary
- Cash consideration of ~$115.6M plus ~$1.0M accrued interest for $111.5M principal repurchase from Lynrock Lake Master Fund LP.
- Closing expected Nov 10, 2021; after close only ~$20.2M principal of the notes remain outstanding.
- CEO Bill Miller states transaction de-levers balance sheet, reduces potential dilution, and supports growth strategy.
- Repurchase is privately negotiated; no solicitation of other holders.

## SEC filing metadata
- accession: 0001104659-21-135409
- form_type: 8-K
- ticker: VECO
- cik: 0000103145
- company_name: VEECO INSTRUMENTS INC
- filed_at: 2021-11-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103145/000110465921135409/0001104659-21-135409-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103145/000110465921135409/tm2132183d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-135409
- JSON: https://secwatch.observer/filing/0001104659-21-135409.json
- Plain text: https://secwatch.observer/filing/0001104659-21-135409.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.